The Graveyard › Banks › 2009
Suburban Federal Savings Bank
Crofton, MD · failed January 30, 2009 · FDIC certificate 30763
Suburban Federal Savings Bank of Crofton, MD failed on January 30, 2009. It opened in 1954, 55 years before. At its last report before that it held $347.4 million in assets and $301.8 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2007, it held $424.2 million. The FDIC estimates that the Deposit Insurance Fund lost $73.8 million on it.
1984-032008-12
Assets at the end$347.4 millionlast report before January 30, 2009
Deposits at the end$301.8 million
Estimated loss to the fund$73.8 millionDIF
Largest in the quarterly reports$424.2 millionJune 30, 2007
Equity to assets-0.6%December 31, 2008
Loans not being repaid10.8%noncurrent, December 31, 2008
Return on assets-8.77%a year's rate, December 31, 2008
Staff60full time, December 31, 2008
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.